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Penady (Barrie) Ltd., PRC Barrie Corp. and Mady (Barrie) Inc.

Toronto, March 27, 2020 – Pursuant to an Order of the Ontario Superior Court of Justice dated March 25, 2020 issued and entered on March 27, 2020 (the “Appointment Order”), RSM Canada Limited was appointed as receiver and manager (the “Receiver”) without security, of (i) all of the assets, undertakings and properties of Penady (Barrie) Ltd. (“PBL”) acquired for, or used in relation to a business carried on by PBL, including all proceeds thereof, and (ii) PRC Barrie Corp.’s (“PRC”) interest in the real property having the legal description set out in Schedule “A” of the Appointment Order and all assets, undertakings and properties related thereto.

Toronto, May 15, 2020 – Pursuant to an Order  of the Ontario Superior Court of Justice dated May 15, 2020 (the “Amended and Restated Order”), the Appointment Order was amended and restated, and the undersigned, RSM Canada Limited, was appointed as receiver and manager without security of (i) all of the assets, undertakings and properties of PBL acquired for, or used in relation to a business carried on by PBL, including all proceeds thereof, and (ii) each of PRC’s and Mady (Barrie) Inc.’s interest in the real property having the legal description set out in Schedule “A” of the Amended and Restated Order and all of their respective assets, undertakings and properties related thereto.

A copy of the Appointment Order and the Amended and Restated Order are posted below and other pertinent public information will be posted to this website as that information becomes available.

Creditors of the company are asked not to file a proof of claim at this time. Should you require additional information, please contact Brenda Wong at (647) 727-3621 or brenda.wong@rsmcanada.com.  We will try our best to respond to your enquiry within two business days.

Notices of Motion
Motion Record of the Receiver returnable May 20, 2020 (Vol. I of II)
Motion Record of Choice Properties Limited Partnership re Motion to Add Mady (Barrie) Inc
Supplementary Motion Record of the Receiver dated May 29 2002 Vol I of II
Factum of the Receiver May 29 2020 re SISP Motion redacted
Brief of Authorities of the Receiver May 29 2020

Reports of the Receiver
First Report of the Receiver dated May 12, 2020
Receiver’s Supplemental Report dated May 26, 2020

Orders and Endorsements of the Court
Endorsement of Justice McEwan dated March 25, 2020
Appointment Order dated March 25, 2020
Endorsement of Justice McEwen rescheduling May 20, 2020 motion to June 2, 2020
Amended and Restated Order dated May 15, 2020
Endorsement of Justice McEwan dated May 25, 2020
Sale Procedure Approval Order dated June 2 2020
Endorsement of Justice McEwen date June 1 2020
Endorsement of Justice McEwen - June 10 2020

Service List
Service Listed dated May 12, 2020

Notice to Creditors
Penady (Barrie) Ltd. - Notice and Statement of Receiver dated April 6, 2020
Mady (Barrie) Inc. - Notice and Statement of Receiver dated May 25, 2020

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